AK Retail is reportedly set to relaunch M&Co via an e-commerce website next month shortly after the group acquired the troubled retailer after its collapse last year. The new platform is believed to initially launch with a range of womenswear products, with other product categories expected to be added at a later stage. Drapers was informed by...
May 16, 2023
Clothing retailer M&Co is set to close all of its stores after AK Retail Holdings rescued the brand from administration. The Scottish company appointed administrators towards the end of 2022, two years after it had previously collapsed. According to the BBC, M&Co, formerly known as Mackays, currently operates 170 stores, with their upcoming...
Feb 6, 2023
Scottish value fashion chain M&Co has announced the completion of a financial restructuring which saw it being sold and immediately bought back by its founders, the McGeoch family. The pre-pack deal will result in 47 of its 265 closing, and around 380 redundancies from its total workforce of 2,600. M&Co appointed Deloitte as administrators in...
Aug 6, 2020
Scottish value fashion retailer M&Co is reportedly close to calling in administrators. The company is on the brink of a pre-pack administration deal that would see the company’s assets sold back to its founders, the McGeoch family, and could result in 50 of its stores closing permanently, Sky News reports. The deal could reportedly be announced...
Aug 4, 2020
Value fashion continues to render profits. The last retailer to benefit from consumers’ desire to keep their sartorial buys within budget is Scottish affordable fashion chain M&Co, which has announced a 5.4 percent revenue increase for the year ending February 2018. The company credits its investment in new, local stores for this revenue jump;...
Sep 4, 2018